EUR/USD, GBP/JPY, USD/CHF. At first glance, they may look like nothing more than a string of letters. In reality, they represent one of the world's largest financial markets.Forex is a global over-the-counter market where currencies are traded. Banks, institutional investors, brokers, market makers, and retail traders all take part.
Currencies are traded in pairs. When you buy one currency, you sell another at the same time. Your trading result depends on how the exchange rate between them changes.
Our guide explains Forex from the ground up, including who drives the market, what types of currency pairs exist, and how to get started
